Oh how I wish these idiots were public so I could short the shit out of them. Well there is a public company behind them, Helios but they are a penny stock, no surprise there. "MoviePass, with shares of parent company Helios and Matheson Analytics hitting a new low of 24 cents apiece on Tuesday, down from $10 earlier this year" Currently they are burning through 40M per month and soon they need an additional 1.2B cash infusion, but what is that in VC circles? A rounding error, I say. Here is an interesting thread where the CEO is trying to explain how they are going to break even. Mind you, the whole idea behind the business is structurally bad, it is just not going to work. Best question: "Hi Mitch. I'm a subscriber and I love Moviepass - the product. However, I'm also a shareholder of Moviepass the stock which is trading near 25 cents and an all-time low. A CEO'S 1st responsibility of a public company is to generate shareholder value. So far, investors in Moviepass stock have all lost a ton of money while at the same time, Ted Farnswroth the CEO, earned a salary of $10M last year. How can you justify Ted's salary while the commons investors and believers in Moviepass are getting hurt so bad?"